Three in Five New FDNY Pensions Hit Six-Figures Press Releases

Nearly two-thirds (264) of the 420 firefighters and fire officers who retired from the Fire Department of New York (FDNY) during 2016 are eligible to collect pensions of at least $100,000, according to data posted today on SeeThroughNY, the Empire Center’s transparency website.

Taxpayers On Hook For More Six-Figure Pensions Press Releases

The number of retirees receiving pensions over $100,000 from the New York State and Local Retirement System (NYSLRS) continued to increase during the system’s 2017 fiscal year, according to data uploaded today to SeeThroughNY, the Empire Center’s transparency website. A total of 3,817 retirees collected pensions over $100,000 during the fiscal year ending March 31.

Defuse this city pension bomb New York Daily News

Wednesday, Mayor de Blasio presented a fiscal 2018 Executive Budget that called for pension contributions totaling $9.6 billion — another all-time high. Yet city pension plans remain significantly underfunded even by lenient government accounting standards, posing a big risk to New York’s fiscal future.

NYSTRS bill to drop again by E.J. McMahon | NY Torch

The New York State Teachers' Retirement System (NYSTRS) will reduce its pension contribution rates for a third consecutive year in 2017-18, even though the pension fund's investment returns came in well below its target rate in fiscal 2016.
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